Ayushi posted an Question
September 09, 2020 • 16:51 pm 30 points
  • UGC NET
  • Economics

Which of the following features is not essential for trade cycle? 1. periodicity 2. regularity 3. cumulative 4. repetitive pattern

Which of the following features is not essential for trade cycle? 1. Periodicity 2. Regularity 3. Cumulative 4. Repetitive pattern

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    Nidhi taparia Best Answer

    Repetitive pattern is not an essential feature of trade cycles / business cycles. Every cycle may be similar but they are almost never exactly the same. All the other three are the features of business cycles essentially.

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